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To: Susan G who wrote (31339)	4/6/1999 3:58:00 PM
From: SMALL FRY	Read Replies (1) \| Respond to of 120523

ATLB - Because I didn't latch on to it until late also... I wish I got in earlier... <g> BusinessWire, Tuesday, April 06, 1999 at 10:33 BOSTON--(BUSINESS WIRE)--April 6, 1999--Atlantic Bank (NASDAQ:ATLB) has entered into an internet banking services agreement with nFront(TM), Inc., and has begun the design and development of an on-line, real time banking Web-site. It is anticipated that the site will be fully operational by late summer at which time Atlantic Bank customers will have the ability to open accounts, obtain account information and originate transactions 24 hours a day from virtually anywhere. "Atlantic Bank is well positioned to enter the on-line banking business," said Nicholas Lazares, Chairman of the Board of Atlantic Bank. "We gather deposits from a national customer base without the overhead associated with a large branch system. That is why we are able to offer deposit products and rates that are competitive with those of other internet banks. We believe that internet banking offers an exciting new distribution channel and complements our efforts to grow our customer base." Richard Wayne, President of Atlantic Bank, noted "Atlantic Bank has demonstrated the ability to generate high yielding assets and add customers through its loan acquisition program and small ticket equipment leasing activities. We expect that the addition of internet deposit gathering will provide a valuable source of liquidity to fund these and other activities." Atlantic Bank anticipates that its internet banking services will include a comprehensive line of personal and business deposit products, including certificates of deposit, checking, savings, money market accounts, and an automated bill payment service which provides the ability to export account information for use in Quicken(TM) and Microsoft Money(TM). Atlantic's leasing subsidiary, Dolphin Capital, currently uses a proprietary internet-based lease origination program called PowerLease(TM) to automatically process and credit-score lease applications from remote point of sale locations. Atlantic Bank is a Massachusetts chartered, FDIC insured trust company headquartered in Boston, Massachusetts. Dolphin Capital conducts its national dealer-based equipment leasing business from offices in Moberly, Missouri. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As a result of a number of factors, including factors that Atlantic Bank may not currently foresee, Atlantic Bank's actual results could differ materially from those set forth in the forward-looking statements. Please refer to Atlantic Bank's periodic filings with the Federal Deposit Insurance Corporation for a more complete discussion of these factors. CONTACT: Atlantic Bank Nicholas W. Lazares Chairman and Co-Chief Executive Officer 617-880-1000 or Richard Wayne President and Co-Chief Executive Officer 617-880-1000 KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: BANKING COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www